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An estimate regression equation can be judged good and reliable when ____. A. Th

ID: 3178334 • Letter: A

Question

An estimate regression equation can be judged good and reliable when ____.
A. The coefficient of determination and the adjusted R squared are high B. The intercept term is not significant at a 5% significance level C. The z-test shows a rejection of the null hypothesis at a 5% significance level D. Only a and c are true E. All of the above are true An estimate regression equation can be judged good and reliable when ____.
A. The coefficient of determination and the adjusted R squared are high B. The intercept term is not significant at a 5% significance level C. The z-test shows a rejection of the null hypothesis at a 5% significance level D. Only a and c are true E. All of the above are true
A. The coefficient of determination and the adjusted R squared are high B. The intercept term is not significant at a 5% significance level C. The z-test shows a rejection of the null hypothesis at a 5% significance level D. Only a and c are true E. All of the above are true

Explanation / Answer

An estimate regression equation can be judged good and reliable when ____.

when the coefficient of determination and the adjusted R squared are high because r square gives the proportion of total variation in y which is explained by x and

The z-test shows a rejection of the null hypothesis at a 5% significance level

i,e. it shows that x and y are correlated.

So, option D) only a and c are true this option is correct